Fed, Musalem
Fed's Musalem argues for more rate cuts, says data to drive easings
Federal Reserve Bank of St. Louis President Alberto Musalem said on Monday he supports more interest rate cuts as the economy moves forward on a healthy path, while noting that it is appropriate for the central bank to be cautious and not overdo easing monetary policy.
Fed’s Musalem says going slow on interest-rate cuts makes sense
Cutting interest rates at a gradual pace seems to make sense given where the economy is today, St. Louis Fed President Alberto Musalem said Monday. “I view the costs of easing too much, too soon as greater than the costs ofeasing too little,
Fed’s Musalem Warns Against Easing Too Quickly, Prefers Patience
Federal Reserve Bank of St. Louis President Alberto Musalem said he supported the US central bank’s decision last month to lower interest rates by a half point, but emphasized he’d prefer further reductions to be gradual.
Monetary Movements: Musalem Advocates for Cautious Rate Cuts
Federal Reserve Bank of St. Louis President Alberto Musalem supports gradual interest rate cuts, emphasizing the need for patience to maintain economic stability. While acknowledging strong recent job data,
Fed's Musalem: More rate cuts likely but data will drive policy choices
Federal Reserve Bank of St. Louis President Alberto Musalem said on Monday that he supports additional interest rate cuts as the economy moves forward. Musalem further stated that performance will determine the path of monetary policy, according to Reuters. Further gradual reductions in the policy rate will likely be appropriate over time.
Fed should cut interest rates 'gradually,' Musalem says
St. Louis Federal Reserve Bank President Alberto Musalem on Friday said the U.S. central bank should cut interest rates "gradually" after what he called the "strong and clear message" of a half-point interest-rate cut last week,
Fed’s Kugler says she supports more rate cuts if inflation recedes
Federal Reserve Gov. Adriana Kugler said Tuesday she supported further interest-rate cuts, with the speed dependent on the outlook for employment and inflation. Speaking at a European Central Bank event in Frankfurt,
Fed’s Kugler Calls for ‘Balanced Approach’ to Future Cuts
Federal Reserve Governor Adriana Kugler said the US central bank should keep its focus on bringing inflation back to its 2% target, though with a “balanced approach” that avoids an “undesirable” slowdown in employment growth and economic expansion.
Fed's Kugler makes case for more rate cuts if inflation keeps easing
(Reuters) -Federal Reserve Governor Adriana Kugler said on Tuesday she strongly supported the U.S. central bank's recent interest rate cut and will support further reductions if inflation continues to ease as she expects.
Fed's Kugler favors more rate cuts if inflation continues to drop
Federal Reserve governor Adriana Kugler said Tuesday that she 'strongly supported' the decision to cut rates by half a percentage point in September, and that she favors more cuts if inflation continues to drop.
Market 'Too Optimistic' About Fed Rate Cuts, Wells Fargo Investment Says
The market is "too optimistic" about the Federal Reserve's monetary-policy easing, with Fed funds futures suggesting an additional 200 basis points of rate cuts by the end of 2025, Wells Fargo Investment Institute said Monday.
Barron's3mon
St. Louis Fed’s Chief Sees Months, or 'More Likely Quarters' Before Cutting Rates
Alberto Musalem, CEO of the St. Louis Fed. (Courtesy Federal Reserve Bank of St. Louis) While Alberto Musalem, president of the Federal Reserve Bank of St. Louis, is optimistic that inflation ...
Morningstar20h
News Highlights: Top Global Markets News of the Day - Monday at 9 PM ET
A solid economy and inflation trending toward a 2% annual rate support slow-and-steady rate decreases, St. Louis Fed's Alberto Musalem said. U.S. Stocks Drop to Start Week Major indexes slipped to ...
The Financial Times11d
Federal Reserve should cut US interest rates ‘gradually’, says top official
St Louis Fed president Alberto Musalem said the US economy could react “very vigorously” to looser financial conditions, stoking demand and prolonging the central bank’s mission to beat ...
MarketWatch1mon
Stock Market Today: Dow scores three-day win streak, S&P 500 and Nasdaq post best six-day gain since November 2022
St. Louis Fed President Alberto Musalem said Thursday “the time may be nearing” for the central bank to cut rates as inflation slows. He became at least the third senior Fed official to ...